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20121116
20121116
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but delay it for a year or two. what we need right now is continuation of stimulus. that's what he said when he was standing by obama's side when they extended the bush tax cut. do you agree in the conversation you're having we need to have a grand bargain and need do go in to effect right away. do you agree with in get the grand bargain but delay if for a year or two as some people even in the democratic side of the debate have argued? >> my job is economic policy adviser. i really -- best believing the politic role to someone else. i can tell you as a economist, the right strategy is to get our fiscal house in order. make lasting commitment to show we can do it and do do that. that require additional revenue as well as spending cut and we want to help the economy in the short run. the president proposed fax cuts that would help the economy. the worst kind of stimulus is tax cut for the wealthy. the group that has for the lowest marginal propensity to consume are the wealthy. the congressional budget office last week released a report which concluded that extending the middle class tax cut
Search Results 0 to 0 of about 1